Company Registration No. 2273675 (England and Wales)
Franklin Computing Limited
Unaudited accounts
for the year ended 31 March 2021
Franklin Computing Limited
Unaudited accounts
Contents
Franklin Computing Limited
Company Information
for the year ended 31 March 2021
Directors
N Franklin
A Franklin
Company Number
2273675 (England and Wales)
Registered Office
Cherry Tree Cottage
38 West Street Dormansland
Lingfield
Surrey
RH7 6QS
United Kingdom
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Franklin Computing Limited
Statement of financial position
as at
31 March 2021
Cash at bank and in hand
46,190
20,656
Creditors: amounts falling due within one year
(41,333)
(22,522)
Net current assets
114,092
124,996
Total assets less current liabilities
114,563
125,699
Provisions for liabilities
Net assets
114,474
125,566
Called up share capital
4
4
Profit and loss account
114,470
125,562
Shareholders' funds
114,474
125,566
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2021 and were signed on its behalf by
N Franklin
Director
Company Registration No. 2273675
Franklin Computing Limited
Notes to the Accounts
for the year ended 31 March 2021
Franklin Computing Limited is a private company, limited by shares, registered in England and Wales, registration number 2273675. The registered office is Cherry Tree Cottage, 38 West Street Dormansland, Lingfield, Surrey, RH7 6QS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% on cost
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
5
Debtors: amounts falling due within one year
2021
2020
Other debtors
109,235
107,155
Franklin Computing Limited
Notes to the Accounts
for the year ended 31 March 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
32,250
-
Taxes and social security
7,323
17,504
Other creditors
(56)
3,103
7
Average number of employees
During the year the average number of employees was 2 (2020: 2).